1. BEST GLOBAL BRANDS.
- Author
-
Helm, Burt and Arndt, Michael
- Subjects
MARKETING strategy ,FINANCIAL crises ,PRODUCT advertising ,BRAND loyalty ,CONSUMER behavior - Abstract
The article reports that several businesses are maintaining or increasing their marketing budgets to promote specific brands regardless of the downturn in the 2008 U.S. economy and the threat of recession. It is noted that research finds that marketers can gain a larger share of the consumers' attention during a weak economy. Success depends on many factors, including changing consumer habits and brand loyalties. The marketing strategy is described as a defensive technique for many companies.
- Published
- 2008